renminbi

American  

[ren-min-bee] / ˈrɛnˈmɪnˈbi /

noun

plural

renminbi

1. the currency of the People's Republic of China, the basic unit of which is the yuan.

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renminbi British  

/ ˌrɛnˌmɪnˈbiː /

noun

1. another name for the Chinese yuan

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Etymology

Origin of renminbi

1955–60; < Chinese rénmínbi, equivalent to rénmín people + bì currency

Example Sentences

Last month’s uptick came as China’s central bank recently signaled its tolerance for a stronger yuan amid criticism that Beijing is intentionally devaluing the Chinese currency, also known as renminbi, to boost exports.

From The Wall Street Journal • Feb. 7, 2026

Most people who talk about alternative currencies are referring to alternative fiat currencies, like the euro, yen, and renminbi.

From Barron's • Feb. 6, 2026

Setser recently estimated that the yuan, also called the renminbi, could be 30% undervalued against the dollar.

From The Wall Street Journal • Dec. 28, 2025

Gold, the euro, and yuan, or renminbi, are clear beneficiaries of the trend, Aziz wrote.

From Barron's • Nov. 26, 2025

Cumulative appreciation of the renminbi against the US dollar since the end of the dollar peg reached 15% in January 2008.

From The 2008 CIA World Factbook by United States. Central Intelligence Agency